Use Johnson & Johnsons 10-K (CIK identifier 0000200406, accessible on the SECs website: https://www.sec.gov/edgar/searchedgar/companysearch.html) to answer the question below:

**FY2016 = the fiscal year ending 1/1/2017 **

1) Leases (Refer to Johnson and Johnsons balance sheet and Notes 4 (Property, Plant and Equipment) and 16 (Rental Expense and Lease Commitments) to answer the following questions):

A) In general, does Johnson and Johnson own or lease more of its assets? Explain.

B) Does Johnson and Johnson report any capital leases? If so, how much?

C) What is the total amount Johnson and Johnson expects to pay for operating leases over the next five years?